According to
Palestine Electric Company (
PEC)’s data for the first nine months of the year, net profit after taxes reached 8,248,768
USD, compared with a net profit after taxes of 11,011,254
USD from the first nine months of
2012, a net
decrease of 25.1%. Total assets of the company reached 110,144,140
USD as of September 30th,2013, compared to total assets of 112,524,140
USD as of December 31st,2012, a net
decrease of 2.1%. Total liabilities of the company reached 27,338,020
USD as of September 30th,2013, compared to total liabilities of 31,966,788
USD as of December 31st,
2012, a net
decrease of 14.5%. Net ownership equity of the company reached 82,806,120
USD as of September 30th,
2013, compared with a net ownership equity of 80,557,352
USD as of December 31st,
2012, a net
increase of 2.8% in the first nine months.